The Goldman Sachs Group, Inc.

Ticker: GS
Meeting date: 29/04/2021
Meeting type: Annual
Proposal Mgt rec Vote
Management proposals
1a Elect Director M. Michele Burns For For
1b Elect Director Drew G. Faust For For
1c Elect Director Mark A. Flaherty For For
1d Elect Director Ellen J. Kullman For For
1e Elect Director Lakshmi N. Mittal Vote rationale: Board members should devote sufficient time to fulfil their responsibilities effectively. The chairperson is responsible for leading all aspects of the board’s work and should devote a significant amount of time to fulfil his or her responsibilities effectively. Board members should contribute to effective discussions and decision-making by attending all meetings. Global Voting Guidelines Time commitment of board members For Against
1f Elect Director Adebayo O. Ogunlesi For For
1g Elect Director Peter Oppenheimer For For
1h Elect Director David M. Solomon Vote rationale: The board should exercise objective judgement on corporate affairs and be able to make decisions independently of management. The roles of chairperson and CEO should not be held by the same individual. Where a company founder combines both roles, we may support this for a limited period, provided the board has put in place measures to mitigate any conflicts of interest. Global Voting Guidelines Separation of chairperson and CEO For Against
1i Elect Director Jan E. Tighe For For
1j Elect Director Jessica R. Uhl For For
1k Elect Director David A. Viniar For For
1l Elect Director Mark O. Winkelman For For
2 Advisory Vote to Ratify Named Executive Officers' Compensation For For
3 Amend Omnibus Stock Plan For For
4 Ratify PricewaterhouseCoopers LLP as Auditors For For
Shareholder proposals
5 Provide Right to Act by Written Consent Vote rationale: Shareholders should in certain circumstances have the opportunity to raise issues of material importance without having to wait for management to schedule a meeting. All proposals subject to shareholder approval should be presented as individual items, and the vote tally should be published. Global Voting Guidelines Against For
6 Report on the Impacts of Using Mandatory Arbitration Vote rationale: The board should account for material sustainability risks facing the company, and the broader environmental and social consequences of its operations and products. Sustainability disclosures should be aligned with applicable global reporting standards and frameworks to support investors in their analysis of risks and opportunities. Where a company’s disclosure does not meet our needs as a financial investor, we will consider supporting a well-founded shareholder proposal calling for reasonable disclosure. We will not support a shareholder proposal that appears to impose a strategy or prescribe detailed methods, unrealistic timeframes or targets for implementation. Global Voting Guidelines Corporate sustainability reporting Against For
7 Amend Certificate of Incorporation to Become a Public Benefit Corporation Against Against
8 Report on Racial Equity Audit Against Against

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